Today In Biz - October 2018

Analysis: Dispute on Louisiana College Admissions Escalates

BATON ROUGE, La. (AP) — Bickering about a few hundred college students at Louisiana State University has mushroomed into a far larger quarrel about lines of authority in state higher education and the autonomy of individual campuses. The conflict began…

Financial Watchdog: Regulate Cryptocurrencies Now, or Else

PARIS (AP) — A global financial body says governments worldwide must establish rules for virtual currencies like bitcoin to stop criminals from using them to launder money or finance terrorism. The Financial Action Task Force said Friday that from next…

Gulf Coast Oil Company Announces Completion of Acquisition

DALLAS, Tx. - (BUSINESS WIRE) - Oct 19, 2018 - Cox Oil (“Cox”), a privately owned, independent oil and gas company, today announced the completion of the merger between affiliates of Cox (“Merger Sub”) and Energy XXI Gulf Coast, Inc. (“EGC”) (NASDAQ:…

European, Asian Leaders Want Free Trade, Push Back at Trump

BRUSSELS (AP) — European and Asian leaders pledged their support for free trade at a meeting Friday that underscored global trade tensions with U.S. President Donald Trump. German Chancellor Angela Merkel said the Asia-Europe Meeting in Brussels would send a…

New Orleans Launches New LGBT Welcome Program

NEW ORLEANS - Tourism leaders and partners unveiled its newest program targeted to LGBT travelers. The New Orleans LGBT Hospitality Alliance (NOLHA) Welcoming Sticker Program is geared towards local businesses to highlight that New Orleans is viewed as a welcoming…

The $10 million Renovation of Historic Canal Street Property is Now Underway

  NEW ORLEANS - On Tuesday, Oct. 16, Jason Williams - the New Orleans City Council president, joined forces with Peter Bowen, the general manager Sonder New Orleans; and Aaron Motwani, the CEO of Quarter Holdings; and broke ground to begin construction on the $10 million renovation of a historic…